A – Define period for the moving average on Line F.
B – Define a multiplier to counter the magnitude of the volume division on Line D.
D – Implement the EMV formula.
E – Rescale the EMV result by the multiplier. Optionally plots the EMV as a blue line.
F – Create a Simple Moving Average of the EMV and plot as a red line.
H, I – Show the Buy and Sell triggers for when the Average crosses zero.
J, K – Show when the Average is above 60 percent or below 40 percent of the scale.

This study as a template can be downloaded in Ensign 10 from the Ensign web site using the Package feature.